RE:RE:RE:RE:RE:RE:RE:RE:comprehensive production updatemjh9413 wrote: Operating costs...do they include loan repayment/interest expenses. LGO say Non-GAAP numbers and normally operating costs do not include these...so where is the free cash flow as we know they are paying back part of the loan that was not extended and the delayed commitments to creditors have to be met sometime even with another re-finance/extension.
Also, before all this commodity price blow-out, back in early 2014, the best spot price was about $5.85 and we know Glencore pays less than spot (and what is with that 'sales commission' number now referrred to? 10-4 over and out.
My calculations did include repayment of interest and principal.